Westbond Enterprises Corp V.WBE

up 22%

[laurencelefou]

Not sure what is going on, somebody with a Scotia Bank account just pushed the price from $0.48 to $0.60 and purchased 45,500 shares for approximately $25,000. 
 
I have not sold my position and in December, I have purchased more shares.

[JayBanks]

I'm with Scotia, but it wasn't me lol... but it seems like a nice $25k investment. I hope it's someone notable that has either inside knowledge or has done major research and feel very positively in the direction and dividend re-instatement. When I seen the jump I started looking to see if the company released news.

[laurencelefou]

At the opening, Scotia investor just bought 30,000 more shares at $0.60.

[JayBanks]

Wild movement continued today, we seen the big move down into .455 then poppin up to.56... I'm getting tempted to put more money down as I feel there is value here, but I don't quite know how analyze/assess it properly. They seem profitable, and sounds like some upside once the upgrades are competed and a normal quarter happens. Short term they will pop on good quarterlies or other

[scarface9]

Large spread between the bid and ask. Someone sells into the bid and the price collapses, then someone buys the ask and it swings positive.  I've thought of putting in a stink bid, but like you, I also wish I knew what the dividend policy was going forward.

[scarface9]

Results should be out end of next week or around there. Share price is not inspiring me to believe they'll be great. I'm tempted to add a small position to my holdings but I can't bring myself to pull the trigger.

[JayBanks]

I'm still here here waiting with you thinking the same about adding but I don't have the fund availability to do so at the moment even if Idecided I wanted to pull a trigger. Hopefully this earnings looks solid and gives some commentary on the plan and future prospects. Also hopefully the country reopening with help with product sales in future quarters as people start to use more

[scarface9]

The dividend uncertainty is holding me back. I bought my shares shortly before they suspended it. I get tempted at this price thinking if they reinstate it it's a great buy. But that's the gamble. KPT is another paper towel maker with a better track record for paying that I'm watching. I'll probably just wait for the qtr results and guidance. I think the share price would be higher

[JayBanks]

Like you I entered between the last payout and before the cut. I bought in for the payout and because I see a path to growth. The balance sheet seems good and capable of making the payout, but they seem like they don't want o hold debt for long. Also similarly I've watch KPT for a long time amongst other solid, stable payers. I have pulled the trigger in the past on large dividends that

[scarface9]

I was looking at KPT because it's boring. It's seemed to stay in the same price range for so long it would hopefully not pull any surprises. And I thought maybe their plant expansion could bear some fruit once it comes online. On the other hand, I worry about inflation hitting the bottom line. That's a worry for all stocks actually. I had been looking at a couple restaurant royalty

[JayBanks]

Restaurant royalties like PZA, BPF, KEG or SRV? LoL I was circling SRV the past few months, but someone point out some issues with it recently that make sence so I've pulled back on my interest. I own a position in a diversified royalty DIV that has a restaurant component within it, and it's a pretty good payer that is strong and growing, I personally feel the price has shot up beyond my

[scarface9]

We seem to look at the same stocks. I was circling SRV too, but changed my mind, partly heard things plus my inflation concerns. I did follow PZA for awhile. I was considering A&W too until I got nervous about the whole restaurant sector. I was actually looking at DIV, but it was their restaurant exposure that put me off, someone told me Mike's wasn't performing well. They've had a

[JayBanks]

DE is one I've never seen before, but I'll have to look at it, on the surface it gets me interested. AD I've looked at in an out but never felt comfortable, but I should circle back around on it. EIF I think everyone has taken a loook at but it moves wildly and dramatically. I commend you on getting those especially if you hit them on bottoms. Mr Mikes is a small part of

[scarface9]

Lol, yes I think we use the same search queries. I always look up a minimum yield and go from there. I own a fair amount of REITS. SGR, TNT, PLZ, PRV, INO and my dog HOT(which is finally going to pay a divy again) I was just thinking about looking into TF the other day. I had been avoiding mortgage company stocks because I thought it was only residential,which worries me if interest rates start